
ECB’s Lagarde Repeats Net Purchases Should End Early in 3Q, Promises Gradual Normalisation
By David Barwick – LJUBLJANA (Econostream) – European Central Bank President Christine Lagarde on Wednesday reiterated the view that the ECB’s net asset purchases should end early in 3Q, with a first rate hike to follow an indeterminate amount of time thereafter and normalisation to then proceed gradually.
11 May 2022